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Segment and Related Information
 9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Segment and Related Information
Segment and Related Information
 
The Company manages its operations through three reportable business segments in accordance with the standards set forth in FASB ASC 280, “Segment Reporting”: (i) banking (“Banking”), (ii) insurance (“Tompkins Insurance”) and (iii) wealth management (“Tompkins Financial Advisors”). The Company’s insurance services and wealth management services, other than trust services, are managed separately from the Banking segment.
 
Banking
 
The Banking segment is primarily comprised of the Company’s four banking subsidiaries: Tompkins Trust Company, a commercial bank with fourteen banking offices located in Ithaca, NY and surrounding communities; The Bank of Castile (DBA Tompkins Bank of Castile), a commercial bank with seventeen banking offices located in the Genesee Valley region of New York State as well as Monroe County; Mahopac Bank (DBA Tompkins Mahopac Bank), a commercial bank with fourteen full-service banking offices located in the counties north of New York City; and VIST Bank (DBA Tompkins VIST Bank), a banking organization with twenty-one banking offices headquartered and operating in the areas surrounding southeastern Pennsylvania.
 
Insurance
 
The Company provides property and casualty insurance services and employee benefits consulting through Tompkins Insurance Agencies, Inc., a 100% wholly-owned subsidiary of the Company, headquartered in Batavia, New York. Tompkins Insurance is an independent insurance agency, representing many major insurance carriers and provides employee benefit consulting to employers in Western and Central New York and Southeastern Pennsylvania, assisting them with their medical, group life insurance and group disability insurance. Tompkins Insurance has five stand-alone offices in Western New York, one stand-alone office in Tompkins County, New York and one stand-alone office in Montgomery County, Pennsylvania.
 
Wealth Management
 
The Wealth Management segment is generally organized under the Tompkins Financial Advisors brand. Tompkins Financial Advisors offers a comprehensive suite of financial services to customers, including trust and estate services, investment management and financial and insurance planning for individuals, corporate executives, small business owners and high net worth individuals. Tompkins Financial Advisors has offices in each of the Company’s four subsidiary banks. 

Summarized financial information concerning the Company’s reportable segments and the reconciliation to the Company’s consolidated results is shown in the following table. Investment in subsidiaries is netted out of the presentations below. The “Intercompany” column identifies the intercompany activities of revenues, expenses and other assets between the banking, insurance and wealth management services segments. The Company accounts for intercompany fees and services at an estimated fair value according to regulatory requirements for the services provided. Intercompany items relate primarily to the use of human resources, information systems, accounting and marketing services provided by any of the banks and the holding company. All other accounting policies are the same as those described in the summary of significant accounting policies in the 2016 Annual Report on Form 10-K.
 
As of and for the three months ended September 30, 2017
(in thousands)
Banking
 
Insurance
 
Wealth Management
 
Intercompany
 
Consolidated
Interest income
$
57,772

 
$
0

 
$
0

 
$
0

 
$
57,772

Interest expense
6,772

 
0

 
0

 
0

 
6,772

 Net interest income  
51,000

 
0

 
0

 
0

 
51,000

Provision for loan and lease losses
402

 
0

 
0

 
0

 
402

Noninterest income
5,795

 
7,729

 
4,130

 
(452
)
 
17,202

Noninterest expense
32,876

 
6,204

 
3,255

 
(452
)
 
41,883

 Income before income tax expense
23,517

 
1,525

 
875

 
0

 
25,917

Income tax expense
7,635

 
572

 
284

 
0

 
8,491

Net Income attributable to noncontrolling interests and Tompkins Financial Corporation
15,882

 
953

 
591

 
0

 
17,426

Less:  Net income attributable to noncontrolling interests
32

 
0

 
0

 
0

 
32

Net Income attributable to Tompkins Financial Corporation
$
15,850

 
$
953

 
$
591

 
$
0

 
$
17,394

 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
$
1,963

 
$
64

 
$
14

 
$
0

 
$
2,041

Assets
6,479,292

 
40,791

 
16,579

 
(12,602
)
 
6,524,060

Goodwill
64,370

 
19,710

 
8,211

 
0

 
92,291

Other intangibles, net
5,474

 
3,979

 
297

 
0

 
9,750

Net loans and leases
4,452,475

 
0

 
0

 
0

 
4,452,475

Deposits
4,955,033

 
0

 
0

 
(11,089
)
 
4,943,944

Total Equity
544,417

 
31,615

 
13,836

 
0

 
589,868

As of and for the three months ended September 30, 2016
(in thousands)
Banking
 
Insurance
 
Wealth
Management
 
Intercompany
 
Consolidated
Interest income
$
51,077

 
$
0

 
$
0

 
$
0

 
$
51,077

Interest expense
5,760

 
0

 
0

 
0

 
5,760

 Net interest income  
45,317

 
0

 
0

 
0

 
45,317

Provision for loan and lease losses
782

 
0

 
0

 
0

 
782

Noninterest income
6,335

 
7,862

 
4,004

 
(296
)
 
17,905

Noninterest expense
31,337

 
6,281

 
3,002

 
(296
)
 
40,324

 Income before income tax expense
19,533

 
1,581

 
1,002

 
0

 
22,116

Income tax expense
5,964

 
642

 
339

 
0

 
6,945

Net Income attributable to noncontrolling interests and Tompkins Financial Corporation
13,569

 
939

 
663

 
0

 
15,171

Less:  Net income attributable to noncontrolling interests
33

 
0

 
0

 
0

 
33

Net Income attributable to Tompkins Financial  Corporation
$
13,536

 
$
939

 
$
663

 
$
0

 
$
15,138

 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
$
1,587

 
$
87

 
$
19

 
$
0

 
$
1,693

Assets
6,056,855

 
39,618

 
14,366

 
(8,624
)
 
6,102,215

Goodwill
64,370

 
20,042

 
8,211

 
0

 
92,623

Other intangibles, net
6,778

 
4,748

 
376

 
0

 
11,902

Net loans and leases
4,055,435

 
0

 
0

 
0

 
4,055,435

Deposits
4,698,847

 
0

 
0

 
(8,547
)
 
4,690,300

Total Equity
518,707

 
30,780

 
11,703

 
0

 
561,190

For the nine months ended September 30, 2017
(in thousands)
Banking
 
Insurance
 
Wealth
Management
 
Intercompany
 
Consolidated
Interest income
$
167,735

 
$
1

 
$
0

 
$
(1
)
 
$
167,735

Interest expense
18,401

 
0

 
0

 
(1
)
 
18,400

 Net interest income  
149,334

 
1

 
0

 
0

 
149,335

Provision for loan and lease losses
2,147

 
0

 
0

 
0

 
2,147

Noninterest income
18,917

 
22,177

 
12,056

 
(1,258
)
 
51,892

Noninterest expense
98,182

 
18,343

 
9,552

 
(1,258
)
 
124,819

 Income before income tax expense
67,922


3,835


2,504


0

 
74,261

Income tax expense
21,816

 
1,475

 
836

 
0

 
24,127

Net Income attributable to noncontrolling interests and Tompkins Financial Corporation
46,106


2,360


1,668


0

 
50,134

Less:  Net income attributable to noncontrolling interests
97

 
0

 
0

 
0

 
97

Net Income attributable to Tompkins Financial Corporation
$
46,009


$
2,360


$
1,668


$
0

 
$
50,037

 
 
 
 
 
 
 
 
 
 
Depreciation and amortization
$
5,402

 
$
221

 
$
43

 
$
0

 
$
5,666


 For the nine months ended September 30, 2016
(in thousands)
Banking
 
Insurance
 
Wealth
Management
 
Intercompany
 
Consolidated
Interest income
$
150,803

 
$
1

 
$
0

 
$
(1
)
 
$
150,803

Interest expense
16,541

 
1

 
0

 
(1
)
 
16,541

 Net interest income  
134,262

 
0

 
0

 
0

 
$
134,262

Provision for loan and lease losses
2,615

 
0

 
0

 
0

 
2,615

Noninterest income
18,468

 
23,017

 
11,870

 
(863
)
 
52,492

Noninterest expense
92,357

 
18,780

 
8,944

 
(863
)
 
119,218

 Income before income tax expense
57,758


4,237


2,926


0

 
$
64,921

Income tax expense
17,906

 
1,719

 
976

 
0

 
20,601

Net Income attributable to noncontrolling interests and Tompkins Financial Corporation
39,852


2,518


1,950


0

 
$
44,320

Less:  Net income attributable to noncontrolling interests
98

 
0

 
0

 
0

 
98

Net Income attributable to Tompkins Financial Corporation
$
39,754


$
2,518


$
1,950


$
0

 
$
44,222

 
 
 
 
 
 
 
 
 
0

Depreciation and amortization
$
4,724

 
$
269

 
$
56

 
$
0

 
$
5,049